Syntax Research Inc. Purchases 52,553 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Syntax Research Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 59.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 141,033 shares of the exchange traded fund’s stock after buying an additional 52,553 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 9.8% of Syntax Research Inc.’s investment portfolio, making the stock its 2nd biggest holding. Syntax Research Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,337,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Stephens Inc. AR grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock worth $3,952,000 after purchasing an additional 107 shares in the last quarter. Van ECK Associates Corp lifted its position in iShares 7-10 Year Treasury Bond ETF by 12.5% in the second quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 113 shares during the period. KPP Advisory Services LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% during the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after buying an additional 138 shares in the last quarter. Dogwood Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.4% in the 2nd quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock valued at $176,000 after buying an additional 144 shares in the last quarter. Finally, Balboa Wealth Partners lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock worth $241,000 after acquiring an additional 145 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.28 on Friday. The firm has a market cap of $46.82 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm’s 50-day simple moving average is $93.33 and its 200-day simple moving average is $94.54. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.04 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.332 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.3%.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.